Microsoft also acted like Win10 would be the last one, and here we are with Windows 11. I doubt anyone gave a damn about that. Normies don't have values when faced with not getting their shiny.
What should be more damning, IMO, is that there are barely any grassroots or community members on WHATWG, who has acted like they are more important than W3C. Both have drafted and approved of things that have damaged the Web. I am looking forward to the inevitable protocol split between "linkable documents" and "apps in a common virtual machine". The complexity desired from web app authors is directly opposed to the sort of things that plain HTML and CSS were doing 15-20 years ago.
It'd be nice if Google and friends just worked on the app side of things, on their own protocol, instead of commandeering the Web.